Awesome Foundation: $1K/month microgrant program coming to Philly this fall

The Awesome Foundation, a monthly microgrant program, is slated to launch in Philly this fall.

The more than 50 local chapters of the Awesome Foundation involve a board of about 10 people who each contribute $100 a month and decide what projects and organizations to fund. The only requirement is that the money must have impact, so it wouldn’t go toward, say, a startup, to which $1,000 might change much.

Spearheaded by Fishtown web dev firm O3 World partner Keith Scandone, the Philly chapter is still searching for members. Other than Scandone, already committed members include a CEO from an insurance benefits provider, a doctor from Penn, an attorney, an account rep from a mobile development company, and an account strategist from O3 World.

If you’re interested in joining, email Scandone at keith AT o3world.com

Board members must be able to participate on a monthly basis, Scandone said.

Scandone hopes the Awesome Foundation can help “give a voice” to smaller groups that are trying to make a difference in Philadelphia.

Other local microgrant programs include PhillySTAKE and Small But Mighty Arts Grant.